Acquired by News Corp in April 2022
HMHC - Houghton Mifflin Harcourt Company
NASDAQ
->
Consumer Defensive
->
Education & Training Services
Boston,
United States
Type: Equity
HMHC price evolution
HMHC
| (in millions $) | 31 Dec 2021 | 30 Sep 2021 | 30 Jul 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $463.13 | $420.32 | $146.54 | $170.9 |
| Short term investments | ||||
| Net receivables | $135.5 | $299.41 | $266.74 | $92.48 |
| Inventory | $117.47 | $96.47 | $145.03 | $175.79 |
| Total current assets | $759.43 | $842.39 | $585.54 | $605.24 |
| Long term investments | $4.4 | |||
| Property, plant & equipment | $191.02 | $198.39 | $82.39 | $209.81 |
| Goodwill & intangible assets | $798.27 | $808.02 | $819.03 | $829.39 |
| Total noncurrent assets | $1214.85 | $1243.95 | $1272.35 | $1295.22 |
| Total investments | ||||
| Total assets | $1974.28 | $2086.35 | $1857.89 | $1900.47 |
| Current liabilities | ||||
| Accounts payable | $82.61 | $94.5 | $134.44 | $68.84 |
| Deferred revenue | $964.67 | $1011.38 | $316.41 | $863.05 |
| Short long term debt | $7.54 | $10.51 | $10.49 | $28.95 |
| Total current liabilities | $546.01 | $600.06 | $522.18 | $507.93 |
| Long term debt | $445 | $448.68 | $316.61 | $750.59 |
| Total noncurrent liabilities | $1097.85 | $1116.09 | $1064.41 | $1344.15 |
| Total debt | $452.54 | $459.18 | $461.39 | $779.54 |
| Total liabilities | $1643.86 | $1716.15 | $1586.59 | $1852.08 |
| Shareholders' equity | ||||
| Retained earnings | -$4042.25 | -$3993.83 | -$4089.18 | -$4307.81 |
| Other shareholder equity | -$42.17 | -$47.4 | -$47.86 | -$49.13 |
| Total shareholder equity | $330.42 | $370.2 | $271.3 | $48.39 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $463.13 | $281.2 | $296.35 | $253.37 |
| Short term investments | $49.83 | |||
| Net receivables | $135.5 | $152.83 | $184.43 | $203.57 |
| Inventory | $117.47 | $166.96 | $213.06 | $184.21 |
| Total current assets | $759.43 | $620.93 | $713.09 | $706.28 |
| Long term investments | $4.4 | $2.3 | $2.38 | |
| Property, plant & equipment | $191.02 | $220.05 | $232.63 | $125.92 |
| Goodwill & intangible assets | $798.27 | $866.56 | $1191.2 | $1236.96 |
| Total noncurrent assets | $1214.85 | $1400.2 | $1800.08 | $1788.85 |
| Total investments | $49.83 | |||
| Total assets | $1974.28 | $2021.13 | $2513.17 | $2495.12 |
| Current liabilities | ||||
| Accounts payable | $82.61 | $99.88 | $125.11 | $143.21 |
| Deferred revenue | $964.67 | $905.28 | $848.11 | $647.44 |
| Short long term debt | $7.54 | $28.67 | $27.68 | $8 |
| Total current liabilities | $546.01 | $551.82 | $555.15 | $487.69 |
| Long term debt | $445 | $756.71 | $773.18 | $755.65 |
| Total noncurrent liabilities | $1097.85 | $1378.84 | $1391.66 | $1238.96 |
| Total debt | $452.54 | $785.38 | $800.87 | $763.65 |
| Total liabilities | $1643.86 | $1930.66 | $1946.81 | $1726.65 |
| Shareholders' equity | ||||
| Retained earnings | -$4042.25 | -$4255.83 | -$3775.99 | -$3562.97 |
| Other shareholder equity | -$42.17 | -$55.72 | -$47.27 | -$45.18 |
| Total shareholder equity | $330.42 | $90.46 | $566.36 | $768.47 |
| (in millions $) | 31 Dec 2021 | 30 Sep 2021 | 30 Jul 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $178.81 | $417.13 | $308.67 | $146.19 |
| Cost of revenue | $95.28 | $183.03 | $153.35 | $86.35 |
| Gross Profit | $83.53 | $234.1 | $155.32 | $59.84 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $106.71 | $134.95 | $114.77 | $89.23 |
| Total operating expenses | $116.42 | $138.56 | $132.84 | $97.14 |
| Operating income | -$32.89 | $95.54 | $22.83 | -$37.3 |
| Income from continuing operations | ||||
| EBIT | -$33.64 | $97.41 | $228.6 | -$41.11 |
| Income tax expense | $6.58 | -$6.19 | -$0.01 | $2.31 |
| Interest expense | $8.21 | $8.24 | $9.98 | $8.56 |
| Net income | ||||
| Net income | -$48.43 | $95.36 | $218.63 | -$51.98 |
| Income (for common shares) | -$48.43 | $95.36 | $218.63 | -$51.98 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1050.8 | $1031.29 | $1390.67 | $1322.42 |
| Cost of revenue | $518.01 | $644.05 | $844.18 | $725.44 |
| Gross Profit | $532.79 | $387.24 | $546.49 | $596.98 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $445.66 | $478.1 | $662.61 | $649.29 |
| Total operating expenses | $484.61 | $816.33 | $709.66 | $687.5 |
| Operating income | $48.18 | -$429.09 | -$163.16 | -$90.53 |
| Income from continuing operations | ||||
| EBIT | $251.26 | -$426.28 | -$160.85 | -$42.88 |
| Income tax expense | $2.69 | -$12.4 | $4.2 | $5.6 |
| Interest expense | $35 | $65.96 | $48.78 | $45.68 |
| Net income | ||||
| Net income | $213.58 | -$479.84 | -$213.83 | -$94.16 |
| Income (for common shares) | $213.58 | -$479.84 | -$213.83 | -$94.16 |
| (in millions $) | 31 Dec 2021 | 30 Sep 2021 | 30 Jul 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Net income | -$48.43 | $95.36 | $166.65 | -$51.98 |
| Operating activities | ||||
| Depreciation | $56.57 | $50.14 | $52.86 | $51.1 |
| Business acquisitions & disposals | -$8.41 | $349 | ||
| Stock-based compensation | $3.49 | $3.18 | $2.94 | $2.61 |
| Total cash flows from operations | $71.09 | $287.63 | -$91.05 | -$81.26 |
| Investing activities | ||||
| Capital expenditures | -$10.42 | -$9.61 | -$9.11 | -$9.95 |
| Investments | ||||
| Total cash flows from investing | -$32.93 | -$17.18 | $299.75 | -$24.7 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.41 | |||
| Net borrowings | -$337.28 | -$4.75 | ||
| Total cash flows from financing | $4.66 | $3.32 | -$343.36 | -$4.34 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $42.81 | $273.78 | -$134.66 | -$110.3 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Net income | $213.58 | -$479.84 | -$213.83 | -$94.16 |
| Operating activities | ||||
| Depreciation | $210.68 | $241.89 | $272.69 | $250.47 |
| Business acquisitions & disposals | $340.59 | -$5.45 | $140 | |
| Stock-based compensation | $12.22 | $11.57 | $13.97 | $13.25 |
| Total cash flows from operations | $267.67 | $115.25 | $254.97 | $114.92 |
| Investing activities | ||||
| Capital expenditures | -$39.09 | -$50.94 | -$37.56 | -$53.74 |
| Investments | $49.25 | $36.49 | ||
| Total cash flows from investing | $249.64 | -$112.27 | -$96.32 | -$6.41 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.41 | $0.92 | $1.03 | $1.26 |
| Net borrowings | -$342.03 | -$19 | -$107.32 | -$8 |
| Total cash flows from financing | -$335.38 | -$18.13 | -$115.67 | -$4.12 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $181.93 | -$15.15 | $42.99 | $104.39 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $1.05B |
|---|---|
| EBITDA | $461.94M |
| EBIT | $251.26M |
| Net Income | $213.58M |
| Revenue Q/Q | -12.16% |
| Revenue Y/Y | 1.89% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 10.93% |
| ROE | 83.73% |
| Debt/Equity | 4.97 |
|---|---|
| Net debt/EBITDA | 2.56 |
| Current ratio | 1.39 |
| Quick ratio | 1.18 |